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Mclaren Vale SA 5171
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Sold on 31 Mar 2022

Mclaren Vale SA 5171

  • Rural / Farming
  • 32.49 ha
  • Sold

Penny's Hill

Penny's Hill was established in 1988 with the acquisition by Tony and Susie Parkinson of grazing land on the foothills east of McLaren Vale.

The initial vineyards were planted from 1991 and further acquisitions were made between 1993 and 1996. In 1997, Penny's Hill launched its distinctive 'red dot' packaging with 141 cases of vintage 1995 estate-grown Shiraz.

The historic "Ingleburne" property between the McLaren Vale and Willunga townships was acquired in 1998 and the rich foundations of a flourishing wine business were laid.

30 years on, the retirement of the visionary founder "Parky" beckons, and the opportunity for the next custodian presents.

At a glance:

> Superb cellar door property providing an irreplaceable blend of history and functionality, comprising:
>> Modern tasting room, restaurant & art gallery
>> Gin Bar, substantial function room, boutique accommodation
>> Offices, temperature controlled warehouses 23 hectares of vineyard

>Annual sales of 45 50,000 dozen, across the Penny's Hill, Black Chook and Thomas Goss brands;

> Established domestic distribution via Mezzanine and substantial exports to North America;

> An impeccable record for wine quality in a contemporary style.

Langley & Co Advisors
Unit 2, 146 Fullarton Road,
Rose Park, SA 5067

Property Highlights

Date Sold31 Mar 2022
Floor Area55 - 800 m²
Land Area32.49 ha
ParkingOn site parking available
Property ID2018206514
Category
Last updated  17 Nov 2022
Map for Mclaren Vale SA 5171
Langley & Co Advisors
Unit 2, 146 Fullarton Road,
Rose Park, SA 5067

Property Highlights

Date Sold31 Mar 2022
Floor Area55 - 800 m²
Land Area32.49 ha
ParkingOn site parking available
Property ID2018206514
Category
Last updated  17 Nov 2022

Listed by

Toby Langley
Toby Langley
Langley & Co Advisors
Call
+61 411 029 844

More about Mclaren Vale SA 5171

Mclaren Vale SA 5171 is categorized as Rural & Farming. It has a floor area of 55 - 800 m² and a land area of 32.49 ha. The listing ID for this property is 2018206514.

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